Tag Archives: Gamenet Group

Sisal files for Milan Borsa IPO seven years after first attempt

Sisal SPA, the operating company of Italy’s SuperEnalotto lottery and Matchpoint betting shops, has filed for an Initial Public Offering (IPO) to list its business on the Milan Borsa Exchange.  Reuters reports that the CVC Capital owned gambling group has agreed to sell its shares to an unnamed private equity firm.   Although most of the firm’s revenues come from its …

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Italian Gambling reawakens to a transformed landscape

Italy’s bookmakers and gambling venues have begun to reopen their businesses following more than a year observing the government’s strict lockdown orders enforced across all regions. Approved by Italian Health Minister, Roberto Speranza, from 31 May, 2000 gambling venues (bookmakers, arcades and bingo halls) were allowed to reopen across the regions of Friuli Venezia Giulia, Molise, and Sardinia. Further reopening …

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IGT records 25% Q1 revenue growth following B2C sale

International Game Technology (IGT) has reported revenue growth of 25% for Q1 2021, attributed to structural cost savings, continued player demand and the sale of its Italian B2C business to Gamenet Group. Overall group revenue rose to $1.01bn (2020: $814m). Although the figure still represents a 11.3% decrease from the $1.14 billion in 2019, the group remains hopeful that it …

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